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Aden Forecast "Crude oil is bouncing up, closing at a six-week high today"

ReportEnergy
Date06/17/2010
Loaded Date06/17/2010
TitleRebound Is Finally Underway
Quote"All of the markets are now moving up. The anticipated rebound rises are finally underway and the markets are poised to rise further. Continue to hold your current positions. These up moves will provide a good opportunity to lighten up or sell at better prices, if need be. So stay in touch.

The gold price is holding firm near the highs, while the resource and energy markets rise from the lows.

Crude oil is bouncing up, closing at a six-week high today. It would show good strength above $79 where it could then rise to test the April–May highs near the $86–$87 level. A super bull would take over after that, which is not out of the question later this year. Natural gas is starting to rise with oil, reaching a four-month high yesterday."